Decoded: Swiggy’s valuation takes another hit; Drops down to $5.5 billion
Zee Business Video Team | Updated: May 9, 2023 10:09 PM IST
Swiggy, the food delivery giant, has suffered yet another setback as its valuation has been slashed to $5.5 billion by Invesco. This marks a significant drop from earlier when the company was valued at $8.2 billion. In this video, we explore what’s going on with Swiggy and why its valuation has been reduced.